RETURNING TO FRANCE PERMANENTLY – ARRANGING REAL ESTATE SALES

Our village house in Cazouls has served us well but it is not suitable as a permanent retirement home. It has no garden; the patio is too small for comfortable, open-house, sloppy partying; and two twisty flights of stairs to the top floor is just too many for a woman with two replaced knees and a husband who is just plain lazy. So we have three real estate transactions to accomplish in order to make our permanent move to France. We have to sell our houses in Cazouls and in the USofA and we have to buy the house in which we will live in France permanently. We’ve thought carefully about how to time these transactions, making our move as efficiently as possible. Here’s the plan. Time will tell how closely the plan mirrors reality.

First, we’ll put the Cazouls house on the market. We’ve contacted Freddy Rueda, the agent who sold us the house, and may contact one or two others as well. We have to learn a bit more about the way real estate sales happen in France. We know that there is nothing like the multi-list system that we have in the Colonies – that is, you contract with one agent who has exclusive rights to show/sell your house for a fixed period of time and then your house goes up for grabs on the multi-list and any agent who subscribes to the list can take a crack at it. As we understand it, in France your agent is your agent. No multi-list. The question is: Can you contract with more than one agent? Is it legal? Is it ethical?

And one more consideration. We have a good bit of equity in the house. How do we handle that from across the Pond? I’m reasonably certain that we could make the basics happen – pay off the mortgage and have the equity check deposited in our French checking account. But there are complicating factors. We have a tenant in the house into September. Must we wait to put the house on the market until then? Although we plan to sell the house furnished, there are items that we’d like to retain – paintings on the walls, clothing, and other personal and household items that we’d like to negotiate with a prospective buyer to store for us. Could any real estate agent, having been named as agent on a power of attorney for the purpose, be trusted to follow French law and our instructions to the letter? Would he or she act solely in our interests or be tempted to turn a quick buck?

So we’ve asked friends if they can recommend a lawyer and we’ll meet with our personal banker to discuss the matter as well.

Comments

Post a Comment

Popular posts from this blog

The most expensive item in an American family's budget may be health insurance. But many Americans have no understanding of the true cost of their insurance because it's included in their employment package. Folks simply don't think about how much their employer may be reducing their salaries when factoring in insurance costs.

Before I retired, my employer paid for my health insurance but I had to pay to insure my wife. The cost, taken out of my every paycheck, came to about $6,000 annually. And even with insurance, there were co-pays and other out of pocket expenses. We were reasonably healthy (and still are, knock wood), but we each take a few common prescription medications - for blood pressure and cholesterol and the like, nothing exotic or costly. Even so, with regular visits to the doctor, periodic lab work, the drugs, and the occasional illness or injury, we normally spent an additional several thousand dollars annually in the States over and above the cost of the i…

Full Disclosure: I first heard the term 'The Raj' several years ago. The term did not appear in American history books. I never lived in any metro area with a significant Asian-Indian population. And I would guess that I was about 35 years old before I ate in an Indian restaurant.

So what the hell do I know? (If you prefer video to the written word, you can watch my review of Le Taj Mahal on my YouTube channel HERE.)

My sister-in-law now lives in the same village in the south of France that we do. For some reason not fully defined, she searched online for the best Indian restaurants in France. Le Taj Mahal in Beziers appeared on the list. We went because that's what we do, go to restaurants that look that they might serve good food. We're glad that we did.

First of all, the folks in the restaurant were very accommodating. We arrived at noon only to discover that they wouldn't be opening until 12:30. In recognition of the heat of the day, we were invited in, the a…

Blog authors

The Southern Woman That I Married is a skilled, multi-ethnic cook and I learned to eat at an early age. We've traveled the lower 48, Mexico and the Caribbean, but when we visited Europe, we fell in love with the south of France. So we first bought a holiday house that we visited once or twice a year, rented out when we could, and then sold in order to put our equity into a more suitable house for our permanent retirement. We found that house in the spring of 2013 in the little village of Quarante.
I relish the opportunity to provide my uncensored insights on cooking, on France, on motor scooter mechanics, politics and religion, and whatever else comes to mind.
My insights are free and worth every penny. Enjoy.